Friday, 16 November, 2018

Arkansas votes to increase minimum wage to $11 per hour

Arkansas voters approve to increase minimum wage							
			November 7th 2018						by		Associated Press
										 in Arkansas News Arkansas voters approve to increase minimum wage November 7th 2018 by Associated Press in Arkansas News
Priscilla Morrison | 09 November, 2018, 08:30

In addition to Arkansas, Missouri considered a referendum on election day that would raise the state minimum wage from $7.85 to $12 by 2023. The National Employment Law Project (NELP) estimates that will affect at least 300,000 workers. It landed on the ballot after progressive groups such as Raise Up Missouri collected more than 120,000 signatures in favor of the wage hike. Incomes have stagnated since the Great Recession, particularly among low and middle-income workers. The Fairness Project is an advocacy group that supported the measures.

Proposition B will increase the minimum wage to $8.60 per hour, with annual 85 cent increases until 2023, when the minimum will sit at $12. Employers who fail to comply with the new law will be penalized and will be required to pay an underpaid employee not only the full amount of wages owed, but also additional amount equal to twice the unpaid wages. Arkansas's Issue 5, which passed with 68 percent of the vote, will increase wages from $8.50 an hour to $11 an hour by 2021. The difference is even more striking when examining pay growth since the late 1970s: The top 1 percent's income has surged more than 157 percent, or about 7 times more than that of the bottom 90 percent. The bulk of those increases have come within the last four years, with 23 states pushing up their minimum wage laws since 2014.

More news: Mazda confirms 2019 Mazda3 for LA debut

"At the state level, with new governors or legislative leadership in states such as Michigan, Wisconsin, Minnesota, Nevada, Colorado, New Mexico, Maine, and NY, we expect to see new action on working-family issues like the minimum wage, overtime pay, and earned sick days - and on vital democracy reforms", Owens said.

In light of the election, 24/7 Wall St. compiled a list of the 20 states that have confirmed increases to their minimum wage in 2019. Opponents of the initiative claimed that a minimum wage increase usurps the federal government's right to set wages and would hurt small businesses and Missouri's job market. "It's time for a modest increase in LA!"

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